Quantum March 17, 2024


This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.

Basic information

Project name: Quantum
Currency: QNT (QNT)
Issuing account: rGPsXnzAkdv1FYKkhC59GRp3M42axDhE1d
Distribution accounts: rGqXCnAazDojqSB4sJTtnYtnt4LQoW5g8P

This is revision number 1, signed March 17, 2024 by rGPsXnzAkdv1FYKkhC59GRp3M42axDhE1d

Description: Quantum AI Trading BOT offers a concise AI-driven trading system, utilizing data analysis and machine learning for dynamic crypto trading decisions.

Unique selling points: What makes this token unique, compared to the broader landscape of tokens?

The Quantum AI Trading BOT revolutionizes crypto trading with its AI-driven system, leveraging advanced data analysis and machine learning. It offers real-time dynamic trading decisions, continuously adapts strategies to market changes, and minimizes risks through smart algorithms. With its capacity for emotionless trading and the ability to automate personalized trading strategies, our BOT represents a leading solution for efficient and effective trading.

Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?

The purpose of the Quantum AI Trading BOT is to provide traders with an efficient and effective solution for navigating the volatile cryptocurrency markets. By leveraging advanced data analysis and machine learning algorithms, it aims to automate trading strategies, minimize risks, and maximize returns, all while eliminating emotional decision-making from the trading process.

Whitepaper/sales material: https://quantumxrpl.com/whitepaper

The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.

Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.

Bug bounty program: The issuer does not have a bug bounty program.

Legal Entity

The self-assessment is made on behalf of a legal entity (for example the issuer is a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).

Website: quantumxrpl.com

Website information: The website should disclose the following information:
  • Details of the legal entity: official name and registry code, company headquarters mailing address
  • Contact information: e-mail and other contact information
  • Core team members
  • Whitepaper if available

The website contains relevant information.

Business plan: A business plan should entail:
  • the amount of revenue and expenditure by area of activity
  • obligations related to the issuing of the token
  • the technical administration of the company
  • operational strategy
  • the intended activities related to the token
  • general principles of risk management and strategy of risk management
  • policy for the financing of activities.

The issuer has developed a business plan for the next 3 years.

Risk assessment: A risk assessment should include identification of, assessment of impact and likelihood and mitigation measures and status of implementation for applicable risk scenarios.

The issuer has conducted risk assessment and implemented risk management activities.

Internal policies: Critical internal policies are necessary to manage risks.

The issuer has adopted and implemented appropriate internal policies and procedures in the areas of information security, business continuity, risk management and accounting.

Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.

The issuer has assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).

Self-assessment revisions
Revision 1March 17, 2024